Days Inventory is also known as Days Sales of Inventory (DSI). Enerflex's Average Total Inventories for the
three
months ended in Dec. 2023 was C$403 Mil. Enerflex's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$619 Mil.
Hence, Enerflex's Days Inventory for the
three
months ended in Dec. 2023 was 59.43.
The historical rank and industry rank for Enerflex's Days Inventory or its related term are showing as below:
TSX:EFX'
s Days Inventory Range Over the Past 10 Years
Min: 45.47 Med: 63.48 Max: 101.4
Current: 57.75
During the past 13 years, Enerflex's highest Days Inventory was 101.40. The lowest was 45.47. And the median was 63.48.
TSX:EFX's Days Inventory is ranked worse than 71.78% of 730
companies
in the Oil & Gas industry
Industry Median: 31.555
vs TSX:EFX: 57.75
Enerflex's Days Inventory
increased
from Dec. 2022 (58.26) to Dec. 2023 (59.43).
It might indicate that Enerflex's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Enerflex's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.54.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Enerflex's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.52.
Enerflex Days Inventory Historical Data
The historical data trend for Enerflex's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Enerflex's Days Inventory
For the Oil & Gas Equipment & Services subindustry, Enerflex's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enerflex's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enerflex's Days Inventory distribution charts can be found below:
* The bar in red indicates where Enerflex's Days Inventory falls into.
Enerflex Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Enerflex's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enerflex (TSX:EFX) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Enerflex's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Enerflex's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Enerflex Days Inventory Related Terms
Thank you for viewing the detailed overview of Enerflex's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.
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